Which of the Following Statements About Price Stickiness or Flexibility

Multiple Choice

Which of the following statements about price stickiness or flexibility is true?

A) Prices of many raw materials are less flexible than the prices of final goods and services.
B) Prices of many raw materials are much more flexible than the prices of final goods and services.
C) Prices of many raw materials are about as flexible as the prices of final goods and services.
D) Prices of many raw materials are only slightly more flexible than the prices of final goods and services.